Plan Snapshot
- Plan Sponsor: Convenientmd LLC
- Sponsor EIN: 300709677
- Sponsor Address: 360 US-1 BYPASS, #102, PORTSMOUTH, NH, 03801
- Plan Type: 401(k)
- Total Participants: 1,410
- Total Assets: $13.1M
Key Plan Design Features
- Auto-Enrollment: Yes
- Auto-Escalation: No
- Allows Roth Contributions: No
- Participant Loans: No
- Participant-Directed Investments: Yes
- ERISA Section 404(c) Fiduciary Safe Harbor: Yes
Plan Financials by Year
| Year | Participants | Total Assets | Employer Contrib. | Employee Contrib. |
|---|---|---|---|---|
| 2024 | 1,410 | $13.1M | $405,524 | $2.9M |
| 2023 | 925 | $10.2M | $353,392 | $2.3M |
| 2022 | 793 | $7.2M | $319,331 | $2.0M |
Service Providers (Schedule C)
Vendors paid $5,000 or more for services to the plan, ranked by total compensation (direct + indirect fees).
| Provider Name | Role | Direct Compensation | Indirect Compensation | Total Fees |
|---|---|---|---|---|
| BDO USA, P.C. | Auditor | — | — | $0 |
Verified Provider Profiles
Direct links to verified profiles of matched retirement plan providers on PlanProvider.Pro:
- BDO USA, P.C. — Auditor
Plan Fees & Expenses
Annual service provider fees and administrative expenses sourced from DOL Form 5500 filings.
- Total Service Provider Fees: $0
Historical Administrative Expenses
Breakdown of administrative expense categories reported on Form 5500 filings.
| Year | Total Admin Expenses | Investment Mgmt Fees | Contract Admin Fees | IQPA Audit Fees | Professional Fees |
|---|---|---|---|---|---|
| 2024 | $84,504 | $49,361 | — | — | — |
| 2023 | $67,930 | $35,912 | — | — | — |
| 2022 | $49,743 | $2,375 | — | — | — |